In Brazil, many families end up going into debt with household bills or when making a large purchase. In this way, they end up becoming negative and finding it very difficult to break the debt cycle. However, it is possible to obtain a loan for a negative salaried employee. In other words, if you have a steady job, it is possible to get credit, even if you are negative!

In this article, we will explain what this type of credit is and how to contract it. Continue reading and check it out!

The loan with direct debit for employees is normally a payroll loan. It is common for this to be the only way to get out of debt, as negotiation is not always possible for clients. Therefore, the payroll loan type works as follows: the person taking out the loan has the installments debited directly from their current account, when their salary or benefit drops. This way, the bank has almost certainty of payment and can reduce interest rates. 

Therefore, it is easier to get a loan for a negative salaried employee. Because the consignment has special advantages, as it has this guarantee. But not just anyone can take out this loan. To request credit with direct debit, you must be:

In some institutions it is still necessary to have some contribution time. For example, having a formal contract for at least one year.

If you've already tried to renegotiate your debt and the only way is to actually ask for the loan, it's time to find out about the advantages! Asking for a loan for a negative salaried employee may be a solution. This is because this loan has lower interest rates and fixed installments. Installments will be automatically debited from your account on payment day. Furthermore, banks usually give a higher credit limit because of this guarantee.

Taking out a loan is often better than going into an overdraft. The interest on the loan will be much lower and tailored to your objective. For example, if you talk to the bank saying you want a loan to pay off a debt, they will try to find the best conditions. With special checks, this does not happen.

Furthermore, in the case of debts with very high interest rates, such as overdrafts and credit cards, the bank usually negotiates. In other words, think about the price of the loan already offering a good discount on the high interest rates on checks and cards. Talk to both the institution where you owe the debt and the one that will give you the loan. Maybe you can find a good deal and you can finally clear your name.

Therefore, the loan for negative debt-paying employees is a great alternative for those with a bad name.

Loans for negative employees in the form of direct debit are an option even if they have a bad name. The reason is payment guarantee. Debt often ends up no longer interfering with a person's daily life. Another thing that happens a lot is having money to avoid getting into new debts. However, the old debt is so large that there is still no amount to pay.

That's why direct debit can be such a good option. You continue to pay for household bills, groceries and everything else and pay off your debt. Remembering that the direct debit loan is only available to specific groups. As it is consigned, it is only offered to workers with a formal contract (CLT), public employees, retirees and INSS pensioners.

Furthermore, before applying for a loan, evaluate your income commitment. Don't resolve a debt by creating a new debt. Another important thing is to study interest rates. Interest rates don't always have to be so high just because you're negative. Know your options. Also make several proposals and analyze them all. This way, you can find the best loan option to help you pay off your debts.

If you are determined to apply for a loan, some documents are required. It largely depends on the financial institution, but normally the main ones are:

Even though it is possible to request a loan for a negative loan, the bank still monitors your behavior. In Brazil, some economists recognize the types of defaulters and negatives. Some profiles may be harder to get than others. See each of the profiles that Brasil Econômico considers:

This type of debtor is the most difficult. This is because this is someone who does not pay their bills due to disorganization. In other words, you miss bill deadlines and then suffer from interest. In this case, one of the best options is to renegotiate. However, loan may also be available. The ideal thing to do is learn to organize yourself financially, avoiding debt.

The occasional debtor is the opposite of the addict. With this type of negative, it is some unforeseen event that generates the debt. Occasional debtors usually always pay their bills on time, but some incident means they are unable to pay a bill. Thus, getting into debt. For occasional debtors, it is a little easier to get a loan, as the bank knows that you are not a bad payer.

This type of debtor looks like the first one we mentioned. This is because this is also someone who is responsible for disorganization. For this reason, loan negotiations with this profile can be more difficult. As the bank needs to have trust, it ends up playing more difficult conditions. 

Bad payers are the worst type to get a loan. This person is usually the one who got used to the demands and gave up doing anything about it. The bad debtor will probably request a loan to have more debts, not to pay off yours. Companies and banks usually resort to legal channels in these cases. However, if you are looking to pay off your debt, it is worth making agreements and finding possible ways to pay.

Finally, don't forget to organize your finances before applying for a new loan. It is important to see this credit as a way out of the world of debt, and not a way to make even more pending issues. Sit down, study the interest rates, analyze your income commitment, understand the proposals and only then, calmly, decide the best option for you. Additionally, there is also the option of negotiating your debt.

In the article recommended below, we talk a little about taking out a loan to pay off a debt. See now if it's really worth doing this.